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A common stock pays an annual dividend of $3.40 and sells for $51.20 a share. What is the total expected rate of return if the

A common stock pays an annual dividend of $3.40 and sells for $51.20 a share. What is the total expected rate of return if the dividend yield represents 40 percent of the total return?

Multiple Choice

17.74%
16.60%
14.50%
15.49%
14.17%

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